Your Virtual Credit Manager

MARCH 12, 2024

Share You must be a paid subscriber to continue reading this article and learn how addressing customer analysis, customer experiences and order-to-cash process improvement is necessary to the modernization and digital transformation of trade credit Customer Analysis The first task Deloitte recommends involves customer analysis.

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AR Transformation Credit and Collections Accounts Receivable (AR) Order to Cash 100

SAP Credit Management

SEPTEMBER 25, 2023

With SAP Watch List Screening, business users can focus on evaluating potential risks on an exception basis, allowing the majority of transactions to flow through uninterrupted. So why not try it?

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Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

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Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. The enterprise management solutions like ERPs that are used for order to cash process don’t have inherent actionable intelligence to predict and manage future payment cycles and therefore the cash flow.

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Credit Risk Default Credit Management Credit and Collections 52

Your Virtual Credit Manager

JANUARY 17, 2023

It is important to keep in mind that trade credit — selling on terms in a B2B environment — is greatly affected by the transactional process. When changing the commission structure represents a major change for the Salesforce, a graduated approach over one or two quarters is recommended.

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Your Virtual Credit Manager

JANUARY 3, 2023

Clear from your AR ledger as many of the clutter transactions as possible. Email us to learn how the experts at Your Virtual Credit Manager can help you clean up your AR Ledger and increase cash flow by improving your Collection Process. The bottom line is, you can now pay monthly or yearly, only for the modules you need.

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TreviPay

JANUARY 11, 2023

If that’s not available, they may be slow to pay — or worse, they may abandon the transaction together. Offer Order-to-Cash: One way to drive down DSO is through an order-to-cash process, which is the process of managing the flow of orders and payments from customers.

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TreviPay

JUNE 13, 2023

Flow of Transactions and Customer Experience By leveraging payment data, sellers can better segment their offers and enhance the customer experience. When payments are seamlessly integrated into transaction flows, businesses can build stronger relationships with their customers.

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SAP Credit Management

AUGUST 15, 2023

It touches every point of the Order to Cash (OTC) cycle from quotation to revenue recognition. Sales Order Processing: Each sales order you process in SAP requires Sales Area as a pre-requisite. So when you provide a sales area, you narrow down the region & rules in which customers and materials should transact.

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Emagia

NOVEMBER 21, 2023

As a longtime leader in the AI-based order-to-cash solutions industry, conferences around the world ask for Emagia representatives to appear and speak Artificial Intelligence, automation, and GenAI in finance.

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SAP Credit Management

SEPTEMBER 5, 2023

In the following blog, I will give you an engineering expert view of some selected highlights of our SAP S/4HANA Cloud, private edition for Sales, to demonstrate that automation, system integration, and end-to-end transparency can help companies to transform their order-to-cash process with the shift to low-touch sales order processes.

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TreviPay

FEBRUARY 24, 2023

While B2B transactions are more complex than B2C ones, the premise is the same – people want the same ease and convenience in their personal and business lives. Power of Orchestration – The connection between a supplier’s order-to-cash process and how it integrates with the A/P processes of the buyer.

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TreviPay

MAY 10, 2023

Within this domain, as we have discussed in many forums, seeking new ways to improve payment processes should be a key transformation priority for B2B enterprises given the “multiplier effect” that comes from encouraging both larger transactions (AOV) and more frequent purchases (LTV).

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TreviPay

DECEMBER 1, 2023

Embedded payments Embedded payments are integrated on and offline payment systems that allow customers to seamlessly initiate transactions in-store, on websites or on apps. B2B transactions involve different methods to B2C ones. Unlike trade credit, credit lines are not tied to specific transactions or goods.

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Emagia

JANUARY 31, 2024

The results indicated the most successful use cases for automation were reported to be Process-to-Pay followed by Order-to-Cash. Notably, the survey underscored the triumphs in automation deployment, with Process-to-Pay emerging as the most successful use case, closely followed by Order-to-Cash.

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Gaviti

MARCH 6, 2023

They can streamline and automate the cash flow planning process while making it easier to manage payments and keep track of transactions. What Is a Cash Application? A cash application is a type of software that helps businesses manage money. After all, you could switch banks at any time.

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Your Virtual Credit Manager

FEBRUARY 28, 2023

Your Virtual Credit Manager stands ready to help you improve your order-to-cash process by better managing credit risk, avoiding bad debt losses, and improving cash flow during these challenging times. Invoices need to be generated and transmitted the same day as the transaction or at latest the morning following.

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Your Virtual Credit Manager

DECEMBER 19, 2023

Electronic payments are now used more than checks for B2B transactions, and AP automation is driving the conversion to electronic invoicing processes. Also, are you leaving money on the table by not being aggressive enough with your goal? If you want to get paid faster, you better be giving your customers an e-invoice.

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Your Virtual Credit Manager

SEPTEMBER 13, 2022

Trade promotions are often taken as deductions, but are better managed as separate transactions. The second is knowledge of your Order-to-Cash process. Implement a best practice process flow: This should cover the creation of the deduction in the cash application process through to its clearing from the AR Ledger.

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Emagia

JANUARY 3, 2023

Emerging technologies such as AI, ML, RPA, Robotics, IoT, and blockchain, among others, are making all business operations and processes including Order to Cash (OTC) or a Cash Application autonomous with minimum human supervision and support. Improve Customer Experience and Cash Flow.

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TreviPay

MAY 25, 2023

Giving your customers the buying experience they want starts by aligning order-to-cash processes (O2C) with your customer’s procure-to-pay (P2P) processes. Taking steps to make purchasing from your company easier is the quickest way to get buying organizations to gravitate to doing business with you.

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Your Virtual Credit Manager

MAY 30, 2023

Customers increasingly prefer electronic transactions. Do you need help with your order-to-cash process? Paper based commerce, where invoices and payments are delivered via Postal Service mail, is slow and costly. Some even require it, especially for invoicing.

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TreviPay

MARCH 13, 2023

In the business-to-business (B2B) world , order and transaction values can be large. Such instances can complicate invoice processing operations , which in turn can negatively influence the order-to-cash (O2C) process. Besides the amount of debt owed, a debit note also lists other details relevant to the transaction.

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Serrala

AUGUST 29, 2022

FS2 Credit combines all key transactions in one centralized place bringing the benefit of all credit related transaction codes in one customer file. Brochure Brochure: Order to Cash With our unique O2C solutions you can significantly accelerate your cash application and collections through automation.

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The Esker Blog

MAY 16, 2023

So, here’s what we’ve come up with so far: Vision: We spend a lot of time and effort understanding the market and which functionalities are actually helpful to all stakeholders involved in a transaction. CFOs are interested in improving DSO and overall I2C process efficiency as well as obtaining accurate reporting and analytics.

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Emagia

FEBRUARY 5, 2023

Enterprises that have large number of customers across regions and huge volume of invoices can manage cash application quickly and efficiently only with automated AR solutions. Businesses need quick order to cash conversion that is supported by an efficient account receivable processes.

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TreviPay

FEBRUARY 27, 2023

Process B2C BNPL businesses handle high volumes of small transactions. The typical B2B BNPL provider, on the other hand, has to deal with smaller volumes of larger and more complex transactions. They also need to integrate with the wider order-to-cash process. As a result, the risk involved is relatively low.

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TreviPay

APRIL 11, 2023

TreviPay’s scalability and business process outsourcing enabled the client to optimize and reallocate their human capital from the order-to-cash process flow in a cost-effective manner.

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TreviPay

JULY 28, 2023

It is often used by businesses to send and receive documents, such as purchase orders (POs), invoices, contracts, and more. It improves the efficiency and speed with which organizations can communicate and transact with one another. For example, the invoice number or date format needs to be consistent. 7 benefits of e-invoicing 1.

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Onguard

MAY 24, 2023

Traditional searches do not provide sufficient insight to properly assess potential transactions. The order-to-cash process starts with the purchase of a product or service and ends with the payment and processing of the invoice. This is to significantly increase the likelihood of timely payments.

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Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

Traditional searches do not provide sufficient insight to properly assess potential transactions. The order-to-cash process starts with the purchase of a product or service and ends with the payment and processing of the invoice. This is to significantly increase the likelihood of timely payments.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

Traditional searches do not provide sufficient insight to properly assess potential transactions. The order-to-cash process starts with the purchase of a product or service and ends with the payment and processing of the invoice. This is to significantly increase the likelihood of timely payments.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Emagia

APRIL 30, 2023

Any money that remains in these accounts is subsequently transferred to a permanent account, and the accountants produce the appropriate records to prove the transaction. Businesses may efficiently manage their cash flow, provide accurate financial statements, and draw in investors by properly classifying their accounts.

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Emagia

APRIL 23, 2023

Business can automate their accounts payable procedures and precisely record financial transactions because of this technique. Shorten the Order to Cash (O2C) Cycle with Digital Invoicing & Payments. A variety of invoice software technologies are available for capturing invoice data.

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Your Virtual Credit Manager

MAY 23, 2023

However, the open terms associated with trade credit transactions are typically short-term, so those accounts that honor your terms will naturally be considered good customers. For these reasons, tracking individual customer profitability is something we recommend as an Order-to-Cash best practice.

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Bad Debt Credit and Collections Deductions Credit Risk 49

SAP Credit Management

AUGUST 24, 2023

VKOA is the transaction code for FI-SD integration. If you access this TRANSACTION CODE, below screen will appear. During pricing, the system automatically determines which pricing procedure is valid for a business transaction. Allocate the G/L accounts for each access sequence. VKOA – Assign GL Accounts.

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Serrala

MARCH 14, 2024

Optimizing the Order-to-Cash cycle: Accounts receivable teams trust Serrala Radically simplify even the most complex transactions, automate invoice posting, get paid quicker and with full visibility and compliance across your entire customer ecosystem. Bild What can our AR solutions do for you?

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